GERMAN forwarding and logistics company DB Schenker has attracted bids from shipping and logistics giants as well as a private equity consortium, reports London's Air Cargo News.
According to a report in Bloomberg, a consortium led by CVC Capital Partners and Carlyle Group has submitted a bid worth around EUR14 billion (US$15.2 billion).
Meanwhile, DSV, AP Moller Maersk and Mediterranean Shipping Company (MSC) have also submitted bids.
Quoting insiders, Bloomberg said the logistics companies had been less aggressive on price than the private equity consortium.
In March, Air Cargo News reported that DB Schenker had attracted interest from around 20 parties.
Other companies rumoured to be interested include UPS, DP World, Saudi shipping company Bahri, and Abu Dhabi Ports owner ADQ.
Bloomberg said it wasn't clear whether Bahri and ADQ had pursued a bid and made no mention of UPS and DP World.
A Deutsche Bahn spokesperson said: 'In recent weeks, bidders had the opportunity to refine their non-binding offers for DB Schenker based on comprehensive information.
'These confirmed, non-binding offers have now been submitted and are being carefully evaluated before the next phase of the sale process begins promptly. The process is running according to plan.'
Earlier this year, AP Moller Maersk said it would consider making an offer after previously dismissing the idea.
DHL Group has declared itself out of the running for acquiring DB Schenker following much speculation over which company will buy the freight forwarder.
SeaNews Turkey
According to a report in Bloomberg, a consortium led by CVC Capital Partners and Carlyle Group has submitted a bid worth around EUR14 billion (US$15.2 billion).
Meanwhile, DSV, AP Moller Maersk and Mediterranean Shipping Company (MSC) have also submitted bids.
Quoting insiders, Bloomberg said the logistics companies had been less aggressive on price than the private equity consortium.
In March, Air Cargo News reported that DB Schenker had attracted interest from around 20 parties.
Other companies rumoured to be interested include UPS, DP World, Saudi shipping company Bahri, and Abu Dhabi Ports owner ADQ.
Bloomberg said it wasn't clear whether Bahri and ADQ had pursued a bid and made no mention of UPS and DP World.
A Deutsche Bahn spokesperson said: 'In recent weeks, bidders had the opportunity to refine their non-binding offers for DB Schenker based on comprehensive information.
'These confirmed, non-binding offers have now been submitted and are being carefully evaluated before the next phase of the sale process begins promptly. The process is running according to plan.'
Earlier this year, AP Moller Maersk said it would consider making an offer after previously dismissing the idea.
DHL Group has declared itself out of the running for acquiring DB Schenker following much speculation over which company will buy the freight forwarder.
SeaNews Turkey
